Cost of living in Monaco

Summary of cost of living in Monaco

  • Family of four estimated monthly costs: €8,261
  • Single person estimated monthly costs: €6,140
  • WARNING!  These estimates are currently based on just a small amount of data. They provide a decent starting assumption, but they are not yet completely reliable.
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List of prices in Monaco. Current as of Dec 2020.

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Food [Edit]
Basic lunchtime menu (including a drink) in the business district €23
Combo meal in fast food restaurant (big mac meal or similar) €9
500 gr (1 lb.) of boneless chicken breast €5.60
1 liter (1 qt.) of whole fat milk €1.57
12 eggs, large €4.32
1 kg (2 lb.) of tomatoes €2.47
500 gr (16 oz.) of local cheese €8
1 kg (2 lb.) of apples €3.11
1 kg (2 lb.) of potatoes €5.06
0.5 l (16 oz) domestic beer in the supermarket €1.69
1 bottle of red table wine, good quality €9
2 liters of coca-cola €3.79
Bread for 2 people for 1 day €2.76
Housing [Edit]
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area €5,701
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area €4,747
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat €186
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area €3,651
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area €2,567
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio €94
Internet 8 mbps (1 month) €33
40” flat screen tv €596
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) €157
Laundry detergent (3 l. ~ 100 oz.) €6
Hourly rate for cleaning help €15
Clothes [Edit]
1 pair of jeans (levis 501 or similar) €88
1 summer dress in a high street store (zara, h&m or similar retailers) €39
1 pair of sport shoes (nike, adidas, or equivalent brands) €87
1 pair of men’s leather business shoes €148
Transportation [Edit]
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new €23,761
1 liter (1/4 gallon) of gas €1.60
Monthly ticket public transport €32
Taxi trip on a business day, basic tariff, 8 km. (5 miles) €27
Personal Care [Edit]
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) €3.90
1 box of antibiotics (12 doses) €7
Short visit to private doctor (15 minutes) €79
1 box of 32 tampons (tampax, ob, ...) €5.44
Deodorant, roll-on (50ml ~ 1.5 oz.) €5.05
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) €5.18
4 rolls of toilet paper €2.99
Tube of toothpaste €3.20
Standard men's haircut in expat area of the city €37
Entertainment [Edit]
Basic dinner out for two in neighborhood pub €60
2 tickets to the movies €22
2 tickets to the theater (best available seats) €388
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert €97
1 cocktail drink in downtown club €17
Cappuccino in expat area of the city €3.95
1 beer in neighbourhood pub (500ml or 1pt.) €5.64
Ipad wi-fi 128gb €793
1 min. of prepaid mobile tariff (no discounts or plans) €0.40
1 month of gym membership in business district €92
1 package of marlboro cigarettes €7
These prices are lacking data. It provides a decent estimate, but they are not yet reliable. They are based on 149 prices entered by 12 different people.
Latest price update: December 04, 2020

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